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West Texas Intermediate

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WEST TEXAS INTERMEDIATE CRUDE OIL

West Texas Intermediate (WTI) Crude Oil is the underlying commodity of the New York Merchantile Exchange's oil futures contracts. It is considered a "sweet" crude because it is about 0.24% sulfur, a higher concentration than North Sea Brent crude. WTI is high quality oil that is easily refined.
 
Below you can find links to articles in the news that discuss market fundamentals that could potentially affect the price of West Texas Intermediate Crude oil.

1. Bloomberg.com "U.S. Gulf Crudes Strengthen as Benchmark WTI Discount Widens Versus Brent" December 30, 2010

U.S. Gulf crudes strengthened as the discount for West Texas Intermediate versus Brent widened for the fourth day in a row, making imports more expensive and domestic grades more appealing.

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